CH. 23: Unemployment and Labor Force Quiz

You make some new friends at a party. Which of your new friends described here is unemployed?

• Kevin, who is a lifeguard in the summer but does not work the rest of the year

• Jason, who is a full-time student

• Jacinta, who is a full-time student on an unpaid internship

• Melinda, who was recently laid off

The working age population includes people who are:

• age 16 or older who are not in the military or institutionalized

• not in the military or institutionalized

• age 16 or older

• not retired

In order to be considered unemployed, the person must be:(i) over the age of 16.(ii) actively searching for work.(iii) available to work.(iv) skilled.

• (i), (ii), (iii), and (iv)

• (ii) and (iv)

• (i), (ii), and (iii)

• (iii) and (iv)

Which of the following people can be classified as 'unemployed'?

• Damien, who does not have a job but has not looked for work

• Fred, who is on medical leave from his job

• Jose, who is in the military

• Laura, who has been seeking employment for two months

You have four friends. Which of your friends can be described as 'structurally unemployed'?

• Dolly, a recent graduate who is looking for the job that best suits her qualifications

• Kirstie, who was fired for being inefficient at her job

• Kevin, who does not like the company he works for

• Marty, who cannot find a job, though he is willing to accept less than the existing wage

The higher the minimum wage, as compared to the equilibrium wage, the:

• higher the structural unemployment rate

• lower the natural rate of unemployment

• lower the structural unemployment rate

• higher the cyclical unemployment rate

Which people are not counted as part of the official measure of the labor force in the United States?(i) individuals under the age of 16(ii) retirees(iii) institutionalized people(iv) those who are not working but getting job training

• (i) only

• (ii) and (iii)

• (iii) only

• (i), (ii), and (iii)

Refer to the following table that shows monthly data for Japan. What was the total number of people (in millions) in the labor force in June 2015?

• 65.4 million

• 65.7 million

• 68.1 million

• 66.3 million

Which of the following is a reason that male labor force participation has declined over the last several decades in the United States?

• most men emigrating out of the country

• more men opting to complete college

• government regulations on the distribution of the labor force

• increased female labor force participation

An underemployed person is one who is:

• employed in the underground economy

• working but whose skills are not fully utilized

• retired or outside of the labor force

• cyclically unemployed